It's widely believed that investing in Real Estate is easy. Although it may not be difficult to get started, turning a profit requires knowledge, patience & guidance.

The reason property investing is not for everybody is that it is challenging and requires a lot of learning along the way. In today’s episode Jayce Richardson enlightens us about his niche strategy to give you another perspective on property investment. 

Jayce is the owner of residential building company, Bespoke Development. He started his career as a carpenter’s apprentice, but he soon came to understand he wasn’t going to get wealthy from this occupation, so he branched out into building homes and developing property. He now knows the industry from the ground up, and as a shrewd entrepreneur, he understands the tricks of investing which he passes on to his clients so they can benefit from his wealth of knowledge and experience.

On today’s show Jayce shares his story, insights on his business, and gives us some excellent advice. You’ll learn a lot from him, and his tips and tricks will help you become savvier when you jump into the investing game.

“Anyone can go out there and build a house, but I give people a reason to come to Bespoked Development - I offer the whole package.” Jayce Richardson

In This Episode of Property Secrets:

• Jayce tells us about his start in real estate investing and what took him there.
• He talks about renovating & flipping homes.
• Jayce recalls how he went out on his own to build his business from the ground up.
• He discusses how his company differs from other building groups.
• We talk about how to maximize profit from subdividing & developing.
• We touch on the subject of the council approvals.
• Jayce reveals what are realistic project timeframes.
• We discuss the benefits of holding on to a property.

 

Jayce’s Insider Property Secrets:

• When designing your project it is important not to be too emotionally invested in the design (i.e to ensure you do not over-capitalise) if you are building purely for investment / profit. 
• A fundamental factor of Real Estate - always consider the market you are investing in - if supply outweighs demand you should understand that it may be some time before you see a significant return on your development.
• Many people focus initially on profitability before even knowing for sure that the project they are planning is possible. Instead begin by investigating underlying control factors such as: utility services / connections, council requirements etc.

 

Reach out to Jayce Richardson:

• Bespoked Development
• Email: [email protected]